ICT
TechnologyValuation Breakdown
Technology companies combine high growth potential with the risk of overvaluation. This model blends DCF (60% weight, capturing long-duration growth) with a P/E sanity check (40% weight, capping speculative excess). The DCF uses the slowest growth decay (0.05) recognizing that tech companies can sustain competitive advantages longer. The P/E component applies a dynamic ceiling: max P/E = min(growth% x 1.5, 30), preventing runaway valuations.
Valuation Track Record
Retroactive intrinsic value vs actual close price — ICT
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
The Beneish M-Score of -2.3065 indicates a low likelihood of earnings manipulation, as it is well below the threshold of -1.78. However, the earnings quality metrics reveal significant weaknesses, particularly in revenue recognition and margin quality, which could pose risks in the Vietnamese market context.
- Earnings quality margin score at 44.3/100 indicates potential issues with profitability sustainability.
- Revenue quality score at 29.6/100 suggests aggressive revenue recognition practices that may not reflect actual cash flows.
- Beneish M-Score of -2.3065 suggests a lower risk of earnings manipulation compared to the threshold.
- Earnings Quality Score of 78.2/100 indicates generally strong accruals and cash conversion metrics.
The top shareholder, Tập Đoàn Bưu Chính Viễn Thông Việt Nam, holds a significant 31.4% stake, which may lead to potential conflicts of interest or influence over corporate governance decisions.
Investors should closely monitor revenue recognition practices and margin trends, while considering a diversified investment strategy to mitigate potential risks associated with earnings quality.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for ICT — hover nodes for intel, click to navigate